Committees of the Board

Committees of the Board (1) The Chairman, with concurrence of the Board, may from time to time establish and abolish such committees from among the members of the board as may be deemed necessary, expedient or to contribute to the performance of the duties of the Board. The Chairman shall appoint a Chair for each such committee. (2) The Chairman, with concurrence of the Board, deems it advantageous or beneficial to the Board, the Chairman may appoint members to a committee who are not members of the Board. (3) All Committee members shall serve at the pleasure of the Chairman of the Board. A quorum shall be a majority of the committee. The rules relating to the Board shall apply to all committees.